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Prospect Capital updates with new total in ongoing preferred offer
Chicago, Nov. 15 – Prospect Capital Corp. gave another update on the aggregate amount of preferred stock issued by the company, inclusive of its series A, series A1, series M1 and series M2 preferred stock, according to a 497AD filing with the Securities and Exchange Commission.
The company has issued more than $400 million of preferred stock, total, in its ongoing offer.
The initial closing was in the quarter ended Dec. 31, 2020.
Preferred Capital Securities LLC is the broker dealer for the A1, M1 and M2 preferred stock.
The company can issue up to 40 million shares of series A1, M1 and M2 preferred stock, as previously reported.
Prospect Capital is a New York City-based asset management company.
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